Bharti Enterprises Chair to Contribute Expertise in Job Creation and Economic Development
The World Bank Group has announced the inclusion of Sunil Bharti Mittal, Chair of Bharti Enterprises, in the next phase of its Private Sector Investment Lab. This phase focuses on scaling proven solutions and enhancing job creation in developing economies, aligning with the Bank’s strategy to make employment a core driver of development.
The Lab’s key initiatives include regulatory and policy certainty, political risk insurance, foreign exchange risk, junior equity capital, and securitization. These efforts aim to attract long-term capital, boost investor confidence, deepen domestic capital markets, absorb early-stage risk, and unlock capital from institutional investors.
“I am delighted to join the Private Sector Investment Lab alongside other distinguished business leaders.” Sunil Bharti Mittal, Chair of Bharti Enterprises.
Sunil Bharti Mittal joins other new members, including Bill Anderson, CEO of Bayer AG; Aliko Dangote, President & CEO of Dangote Group; and Mark Hoplamazian, President & CEO of Hyatt Hotels Corporation. These leaders will bring their expertise in sectors critical to job creation, such as infrastructure, energy, agribusiness, healthcare, tourism, and manufacturing.
“I am delighted to join the Private Sector Investment Lab alongside other distinguished business leaders,” said Sunil Bharti Mittal, Chair of Bharti Enterprises. “I have seen firsthand the power of connectivity to transform lives by creating opportunities for businesses to grow and communities to thrive. I hope that the successes of the telecommunications sector will be valuable as the Lab embarks on the next stage of its important work.”
“With the expanded membership, we are mainstreaming this work across our operations and tying it directly to the jobs agenda that is driving our strategy,” said World Bank Group President Ajay Banga. “This isn’t about altruism—it’s about helping the private sector see a path to investments that will deliver returns, and lift people and economies alike. It’s central to our mandate.”
The Lab’s founding members included senior executives from AXA, BlackRock, HSBC, Macquarie, Mitsubishi UFJ Financial Group, Ninety One, Ping An Group, Royal Philips, Standard Bank, Standard Chartered, Sustainable Energy for All, Tata Sons, Temasek, and Three Cairns Group. The Lab is chaired by Shriti Vadera, Chair of Prudential plc.
